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4/119 Bussell Highway, Margaret River WA 6285

Offers From $2.2 million
Retail
4/119 Bussell Highway, Margaret River WA 6285

Main Street Margaret River

SHOP 4/119 BUSSELL HIGHWAY, MARGARET RIVER

Securely leased until June 30 2026, with two x three year options.

This freehold strata titled property comprises 243m2 (Banking Chamber), plus four secure undercover parking bays and two uncovered bays on level one.

The complex has customer parking on level one accessed from Willmott Avenue.

Details:
Lot 4 on Strata Plan 52194
Total Area 330m2 including six dedicated parking bays
Situated in the complex opposite Margaret River Hotel (currently under re-development)
The intersection of Bussell Highway and Willmott Avenue is the Commercial/Retail hub of Margaret River.
The property is showing a net return in excess of 6% per annum with fixed annual rental increases of 3.5%. Annual rent $142,830 + GST + Outgoings.

For further details contact John Reid or Michelle Pownall.

Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Downsouth (WA) Pty Ltd ACN 125 383 628

Property features

  • Land area 330m2
  • Floor area 243m2
  • Tenure type Tenanted investment

Property snapshot by reiwa.com

This commercial property at 4/119 Bussell Highway, Margaret River is listed for sale by John Reid and Michelle Pownall at Ray White Stocker Preston.

It has been described by the agent as ‘Main Street Margaret River’.

If you would like to get in touch with John Reid or Michelle Pownall regarding 4/119 Bussell Highway, Margaret River, please call John on 0418 931 100 or call Michelle on 0438 913 570, or contact the agent via email.

Cost breakdown

  • Council rates: $16,248 / year
  • Water rates: $1,869 / year
  • Strata fees: $2,069 / quarter

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